Caption

ICICI Prudential Mutual Fund has launched ICICI Prudential Transportation and Logistics Fund. The scheme suggests spending money on sectors/shares that shape part of Nifty. The scheme may also observe a buy-and-maintain technique and for this reason an funding horizon of minimal of 5 years is recommended.

Transportation and logistics issues are seen as engines of economic growth. The themes consist of industries that are loosely divided into his three main sectors: Automotive Original Equipment Manufacturers (OEMs), Auto Parts (Auxiliaries), and Logistics

Caption

Existing in a variety of products, the automotive OEM sector presents multiple investment opportunities, including automotive accessories. Countries around the world are adopting EVs on a large scale due to rising fuel prices and growing interest in reducing emissions. India is expected to follow suit, creating many investment opportunities

The Indian logistics market is valued at USD 216 billion, with only 3.5% (USD 6-7 billion) contributed by organized players in FY2020.

IMAGE SOURCE : GOOGLE

ICICI Prudential Mutual Fund has the largest and most experienced investment team in India. Fund managers are supported by a talented research team guided by strong investment processes and risk management practices.

ICICI Prudential Mutual Fund has the largest and most experienced investment team in India. Fund managers are supported by a talented research team guided by strong investment processes and risk management practices.

GET MORE STORIES FROM EGAL CLUB RAYS